I too got caught up with a very Rich Taiwanese investor and a RE developer in the states..

Your guys' agent should have slapped him around a little and nicely informed him that he's nuts.

Be nice to get them come down in price or give me seller credits. 

Austin metro keeps expanding. Jarrell is planning on a population surge of 50,000 new folks. Jarrell is on the north side of Georgetown and within the very fast growing Williamson County. That shows the growth pattern...

Sure, 14 days of tax-free income is nice.

It also depends how nice it is compared to the other options out there.

I got an ad for Dominion in the mail the other day and was thinking about checking them out, 100% PP and 100% rehab sounds nice.

Here are the playersMe - OwnerOG Developer - Original Developer that improved property before I purchasedNew Developer - New Developer currently building a new subdivisionWater District - Own the vacant land that my sewer line runs acrossCity - Well, The cityTimeline:2007 - OG developer purchases large 1 acre lot with an existing house with the intent to subdivide and create a small PUD.2008 - Improvements are made (new street, sewerlines, storm, power, water) are brought into the subdivision. 

This also automates accounting, which is nice.

It’s a celebration for the fermenting of the grapes in the region.Great notes about development.